NMMM Finance Notes: 2011-04

2011-04-29

Gold went crazy...

Gold just hit $1,569 mark.
Meanwhile EUR/USD stays flat.
There is relatively big moves in GBP and CHF - about 100 pips.
AUD and CAD moves are about 50 pips.

Gold 2 days

Gold 4h

Silver 4h

Silver dod not confirmed the move in gold, probably it will catch up very soon.
Platinum however confirmed the move.

1 day period mixed chart

Once Upon a Time in Afghanistan...

Friend of mine point my attention to this very interesting article for Afghanistan in 1950's and 1960's, with even more interesting pictures:

Once Upon a Time in Afghanistan...

2011-04-28

The way of life can be free and beautiful, but we have lost the way. Greed has poisoned men's souls, has barricaded the world with hate, has goose-stepped us into misery and bloodshed. We have developed speed, but we have shut ourselves in. Machinery that gives abundance has left us in want. Our knowledge as made us cynical; our cleverness, hard and unkind. We think too much and feel too little. More than machinery, we need humanity. More than cleverness, we need kindness and gentleness. Without these qualities, life will be violent and all will be lost.

Kitco traffic as gold barometer

Trend is once again up...
Click on the "Gold mania barometer" tag if you do not know what this study is...

DJIA 1 day

It is quite possible to see rise in DJIA.
Resistance is @13K+
There are two supports - strong blue line @12K
and orange line @11.2K

Gold and Silver charts

Silver 1 day

Silver rise is almost parabolic, but Silver was always more volatile.

Silver 4h

Silver broke brown line as well, now forming something like a triangle.

Gold 1 day

Gold is not as volatile as Silver. Currently gold is at the resistance point.

Gold 4h

Same as daily chart.

Gold / Silver ratio 1 day

Just did another low. Must rise a bit now. Also it much more look like bullish wedge.

Gold Reserves Per Person

Via Jesse:

2011-04-27

Readings

Gold Daily and Silver Weekly Charts - Just Another Day in the 'Hood with the Hoods
http://jessescrossroadscafe.blogspot.com/2011/04/gold-daily-and-silver-weekly-charts_26.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29&utm_content=Google+Reader

Silver - Top or Not?
http://www.safehaven.com/article/20764/silver-top-or-not?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29&utm_content=Google+Reader

Alarming Stat of the Day
http://timiacono.com/index.php/2011/04/26/alarming-stat-of-the-day/

Uncle Jay Explains: Apr. 25, 2011
http://www.youtube.com/watch?v=BGbZjSJB06Q&feature=youtube_gdata

2011-04-25

Happy Easter

Gold Chocolate euro-cent coin from the Easter rabbit

Easter eggs

Silver estern egg - 4h chart

Happy Easter everyone.

Here you are small chart I prepared with Windows Paint for you :-)
More updated and more egg pictures - tomorrow :-)

2011-04-21

Sandy Springs, Georgia: The City that Outsourced Everything

2011-04-20

Dollar mess charts...

What a mess...
Gold @ $1,506; Silver @ $45.38

USD daily chart

may be doing a wedge, but who knows...

Gold/Silver ratio daily chart

Unstoppable...

Silver 1h

It must correct, but it want not...

Silver 4h

Old channel acted as support.
Hopefully we will have one more test where we will be able to buy some for small speculation.

2011-04-19

Silver mess

Silver just hits 44.03 USD
but silver is overdue for correction.

Silver 4h

Silver 30m

Gold (almost) hit $1,500

Gold hit 1,499.46 USD for the first time.

2011-04-18

Silver, Gold, HUI, EUR and USD

Silver is very volatile today.
But do you know what is strange?
Gold/Silver UP,
Mining stocks DOWN,
EUR DOWN,
USD UP.

Greece Bond Yields at Record High following Default Comments

After the disturbing news from / for Belorussian central bank, here you are another disturbing news:

http://www.calculatedriskblog.com/2011/04/greece-bond-yields-at-record-high.html

The yield on Greece ten year bonds jumped to 14.40% today and
the two year yield is up to 19.60%
?!!?!#$@#$@

2011-04-15

Belarus central bank halts sales of gold for Belarus roubles

From the article:

Belarus' central bank has stopped selling gold to local retail customers for Belarussian roubles (BYR), it said on Friday, after demand for precious metals soared due to expectations of a currency devaluation.

The bank did not explain its decision.

http://af.reuters.com/article/metalsNews/idAFLDE73E16O20110415

The article is more important than you think.
I don't know how many Belorussians buying gold, but stopping selling gold could mean that the Belorussian Ruble went into event horizon of the inflation collapse, and hyper-inflation is on the way.

I suppose some day we will get same article for USD and EUR.

Silver stretch

very good article by Toby Connor
http://goldscents.blogspot.com/2011/04/silver-stretch.html

Gold / Silver ratio update

this chart not suppose to be some deep-thinked analysis, but GSR definitely go in favour of silver.

Silver 1 day

Silver 4h

Silver currently is at the top of the channel. we may expect it to go down, probably to pink line.
Alternatively it will go to blue line (top of previous channel), or to the brown line (bottom of current channel).

In case it go to brown lines, we need to do some more research because Silver may fall back into previous channel and downsize to $34 or $32 could be possible.

2011-04-12

We are back in silver game

Just bought speculative @ 39.85
Will post chart this afternoon.

12 April!!!

50 years ago on 12 April man for the first go to space!

2011-04-11

Server Sale - Shameless self-promotion :)

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